Finance & business

Botswana Diamonds has announced that its JV Okwa Diamonds, has conditionally agreed to acquire Gem Diamonds Botswana and its Ghaghoo diamond mine.

Altus Strategies Plc has announced that it has completed the first closing of its recently announced agreement to acquire an effective 0.418% net smelter return royalty interest on the producing Caserones Copper Mine, located in the Atacama region of northern Chile.

Resolute Mining Limited has confirmed the successful completion of the sale of the Bibiani Gold Mine in Ghana to Asante Gold Corp. for total cash consideration of US$90 million.

Bejac, based in California, USA, will sell the heavy range of ALLU D Series Transformer and ALLU Crusher material processing attachments.

Logan Industries has secured its first mining cylinder repair job with a major organisation in a remote area of the US.

Lynas Rare Earths Ltd has been awarded VECKTA the contract for distributed energy system modelling, sizing, and initial conceptual design for the Lynas Rare Earths Mt. Weld mining operation.

Schneider Electric and AVEVA are powering the unification of operations for Vale.

BHP has approved US$5.7 billion in capital expenditure for the Jansen Stage 1 potash project in the province of Saskatchewan, Canada.

Champion Iron has signed a letter of intent with Caterpillar for the implementation of advanced drilling technologies at its Bloom Lake Mine.

Metso Outotec will deliver a high-capacity, high-powered SAG mill to Northern Star Resources Ltd’s Thunderbox gold mine expansion, Western Australia.

Castillo Copper Ltd has announced the appointment of Geoff Reed as Non-Executive Director of the company, with immediate effect.

Metso Outotec has signed an agreement to deliver dewatering, flotation and automation equipment for the Nornickel Talnakh processing plant expansion project in Norilsk, Russia.

Defense Metals Corp. has announced the execution of a non-binding memorandum of understanding with Sinosteel Equipment & Engineering Co., Ltd to assess the economic and technical feasibility of full-scale mine development at the Wicheeda Rare Earth Property.

The directors of Thor Mining Plc have announced a private placement financing of £800 000 to fund exploration activities at the company's project interests.

Peak Resources has received commitments to raise financing for the development of the Ngualla Rare Earth Project and Teesside Refinery.